{"id":46148,"date":"2022-02-23T07:17:14","date_gmt":"2022-02-23T07:17:14","guid":{"rendered":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/"},"modified":"2022-02-23T07:17:14","modified_gmt":"2022-02-23T07:17:14","slug":"r24-billion-allocated-to-infrastructure-fund-blended-financed-projects","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/","title":{"rendered":"R24 billion allocated to Infrastructure Fund blended financed projects"},"content":{"rendered":"<p><\/p>\n<div>\n<div property=\"content:encoded\">\n<p>Public Works and Infrastructure Minister Patricia de Lille says R24 billion has been allocated to the Infrastructure Fund for blended finance projects that will, among other things, include student accommodation and social housing.<\/p>\n<p>De Lille said this when she held a media briefing to update journalists on progress made over the past year on various projects in the Infrastructure Investment Plan.<\/p>\n<p>\u201cIn August 2019, following a Cabinet approval, the Infrastructure Fund was announced as a ring-fenced division of the Development Bank of Southern Africa (DBSA).<\/p>\n<p>\u201cThe Infrastructure Fund was operationalised in 2020 with a commitment of R100 billion from government over a 10-year period and has been capacitated with the requisite skills and capacity to enable it to achieve its blended financing mandate.<\/p>\n<p>\u201cOver the next three years, R24 billion has been allocated to the Infrastructure Fund for blended financed projects.\u201d<\/p>\n<p>De Lille said projects are approved by the Infrastructure Fund for blended finance with contributions from the fund and the remainder to come from the private sector.<\/p>\n<p>Among the Infrastructure Fund pipeline projects that were submitted for Budget Facility for Infrastructure (BFI) consideration, include:<\/p>\n<ul>\n<li>For the 2021 Adjustment Budget, four student housing infrastructure projects delivering 9 500 beds at a cost of over R3 billion was considered. The BFI approved amount was R900 million from the Infrastructure Fund over two financial years.<\/li>\n<li>For the 2022 Budget, the following projects were considered by the relevant BFI committees: a social housing programme worth R1.1 billion. The Budget Facility for Infrastructure approved an amount of R304.5 million over the next two financial years from the Infrastructure Fund.<\/li>\n<li>Lepelle Northern Water with a total project cost of R4.5 billion. The Budget Facility for Infrastructure approved an amount of R1.4 billion over the next three financial years from the Infrastructure Fund.<\/li>\n<\/ul>\n<p>\u201cThe Infrastructure Investment Plan forms a central part of the Economic Reconstruction and Recovery Plan (ERRP) aimed at stimulating economic growth and job creation as announced by President Cyril Ramaphosa in October 2020.<\/p>\n<p>\u201cThe projects within the Infrastructure Investment Plan were gazetted as Strategic Integrated Projects (SIPs), in line with the Infrastructure Development Act, in July 2020 enabling them to follow an expedited path to ensure implementation.<\/p>\n<p>\u201cThe projects have been gazetted as SIPs to contribute to economic growth by reviving the construction sector and creating much needed jobs for people.<\/p>\n<p>\u201cThe Infrastructure Investment Plan was highlighted as the \u2018flywheel to economic growth\u2019 by the President and contains 62 projects across the country in various sectors which are at various stages,\u201d she said. \u2013\u00a0<strong>SAnews.gov.za<\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Public Works and Infrastructure Minister Patricia de Lille says R24 billion has been allocated to the Infrastructure Fund for blended finance projects that will, among other things, include student accommodation and social housing. De Lille said this when she held a media briefing to update journalists on progress made over the past year on various [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":46149,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[11178,2442,6750,11179,2638,7409,1684,11177],"class_list":["post-46148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics","tag-allocated","tag-billion","tag-blended","tag-financed","tag-fund","tag-infrastructure","tag-projects","tag-r24"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Public Works and Infrastructure Minister Patricia de Lille says R24 billion has been allocated to the Infrastructure Fund for blended finance projects that will, among other things, include student accommodation and social housing. De Lille said this when she held a media briefing to update journalists on progress made over the past year on various [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-23T07:17:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"270\" \/>\n\t<meta property=\"og:image:height\" content=\"178\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SouthAfrica News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SouthAfrica News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/\"},\"author\":{\"name\":\"SouthAfrica News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"R24 billion allocated to Infrastructure Fund blended financed projects\",\"datePublished\":\"2022-02-23T07:17:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/\"},\"wordCount\":423,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/industry.jpg\",\"keywords\":[\"allocated\",\"Billion\",\"Blended\",\"financed\",\"fund\",\"infrastructure\",\"Projects\",\"R24\"],\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/\",\"name\":\"R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/industry.jpg\",\"datePublished\":\"2022-02-23T07:17:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/industry.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/industry.jpg\",\"width\":270,\"height\":178},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/2022\\\/02\\\/23\\\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"R24 billion allocated to Infrastructure Fund blended financed projects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In South Africa - Latest South Africa News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/za\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\",\"name\":\"SouthAfrica News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"SouthAfrica News\"},\"sameAs\":[\"http:\\\/\\\/www.ghanamma.com\\\/za\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/","og_locale":"en_US","og_type":"article","og_title":"R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com","og_description":"Public Works and Infrastructure Minister Patricia de Lille says R24 billion has been allocated to the Infrastructure Fund for blended finance projects that will, among other things, include student accommodation and social housing. De Lille said this when she held a media briefing to update journalists on progress made over the past year on various [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/","og_site_name":"Ghanamma.com","article_published_time":"2022-02-23T07:17:14+00:00","og_image":[{"width":270,"height":178,"url":"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg","type":"image\/jpeg"}],"author":"SouthAfrica News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"SouthAfrica News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/"},"author":{"name":"SouthAfrica News","@id":"https:\/\/www.ghanamma.com\/za\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036"},"headline":"R24 billion allocated to Infrastructure Fund blended financed projects","datePublished":"2022-02-23T07:17:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/"},"wordCount":423,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg","keywords":["allocated","Billion","Blended","financed","fund","infrastructure","Projects","R24"],"articleSection":["Politics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/","url":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/","name":"R24 billion allocated to Infrastructure Fund blended financed projects - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/za\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg","datePublished":"2022-02-23T07:17:14+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/za\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#primaryimage","url":"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg","contentUrl":"https:\/\/www.ghanamma.com\/za\/wp-content\/uploads\/2022\/02\/industry.jpg","width":270,"height":178},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/za\/2022\/02\/23\/r24-billion-allocated-to-infrastructure-fund-blended-financed-projects\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/za\/"},{"@type":"ListItem","position":2,"name":"R24 billion allocated to Infrastructure Fund blended financed projects"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/za\/#website","url":"https:\/\/www.ghanamma.com\/za\/","name":"Ghanamma.com","description":"News In South Africa - Latest South Africa News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/za\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/za\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036","name":"SouthAfrica News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"SouthAfrica News"},"sameAs":["http:\/\/www.ghanamma.com\/za"]}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/posts\/46148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/comments?post=46148"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/posts\/46148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/media\/46149"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/media?parent=46148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/categories?post=46148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/za\/wp-json\/wp\/v2\/tags?post=46148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}